dingley village

3172, Victoria

Real Estate & Property Information

Median
Price Rank
215

dingley village Suburb Profile & Review

To the west of the Moorabbin Airport and east of Keysborough you will find Dingley Village, a quaint residential suburb full of parks and green open spaces. Residents here have the best of both worlds they enjoy peace and quiet, but they are perfectly situated for public transport. A number of bus routes serve the suburb, and Parkdale and Mordialloc train stations are just over a ten minute drive away.

A nice shopping precinct can be found at the intersection of Centre Dandenong and Marcus roads, while further up Marcus Road is the Dingley Public Library. There are a number of sporting clubs in the area, including the Equest Park Equestrian Centre, which features a cross country course and a dressage arena. The Kingswood Golf Club is also popular with locals.

Dingley Village has three primary schools: Dingley Primary School, located just near the shopping district; Kingswood Primary School; and the Catholic St Mark's Primary School. Heatherton Christian College is a prep to year 12 school to the north of the suburb in Heatherton, while the Banksia campus of Keysborough Secondary College is a ten minute drive up Springvale Road.

dingley village Demographic Data

$ 539,000 Median House Price

34 Minutes Average Commute

42 Median Age

10,186 Population

50.81 % Female

49.19 % Male

2935 NO OF FAMILIES

1.8 AVG CHILDREN PER FAMILY

0.9 AVG MOTOR VEHICLE PER DWELLING

What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in dingley village, Victoria.

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dingley village Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

dingley village Median House Prices

  • 2008 $ 415,000
  • 2009 $ 435,000
  • 2010 $ 470,000
  • 2011 $ 550,500
  • 2012 $ 539,000

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

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dingley village 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in dingley village have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term dingley village property price predictions.

dingley village Market Property Types

  • 86 % Seperate House
  • 7 % Semi Detached
  • 6 % Flat or Unit
  • 2 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

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dingley village Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

dingley village Income & Mortgage Stats

  • $ 1,375 Median Weekly Household Income
  • $ 1,825 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in dingley village

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

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dingley village Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

dingley village Sold Property Prices

dingley village Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

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Where is The Property Market Heading?

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Property Market Trends in Melbourne Which Could Affect Prices

In this final edition we look at what how the Melbourne property market has fared and what whether we are likely to see any changes in property prices, demand for property and economic drivers.

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New Research released last week by Roy Morgan shows that people who don’t own a home have become worse off in terms of their net wealth and are jeopardising their retirement.

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dingley village Restaurants

  • The Curry Pavilion4/128 Centre Dandenong Rd dingley village VIC 317203 9558 3388
  • Tandoori Lounge Cafe51 Marcus Road dingley village VIC 317203 9551 0640
  • Redwood Gardens16 Garden Blvddingley village VIC 317203 9551 5643

dingley village Cafes

  • Garden Boulevard Coffee Shop1/2 Garden Bvddingley village VIC 317203 9551 4002
  • Food @ FourU1/4, Scummel Streetdingley village VIC 317203 9551 5066
  • The Dingley Ne79 Centre Dandenong Roaddingley village VIC 317203 9558 2828

dingley village Schools

  • St. Marks Primary School Primary School4 Dimar CourtÊdingley village VIC 3172(03) 9551 1150Catholic Primary School
  • Dingley Primary School111-115 Centre Dandenong Roaddingley village VIC 3172(03) 9551 3555State Primary School
  • Kingswood Primary SchoolPlaza Crescentdingley village VIC 3172(03) 9551 1727State Primary School

dingley village Kindergarten and Preschools

  • Jacks Avenue KindergartenJacks Avenuedingley village VIC 3172
  • Marcus Road Kindergarten31 Marcus Roaddingley village VIC 3172

dingley village Sporting Centres and Clubs

  • Dingley Baseball & Softball Clubsdingley village VIC 3172Baseball Club
  • Springvaledingley village VIC 3172Baseball Club
  • Dingley Springvale & Districtdingley village VIC 3172Netball Club

dingley village Retirement Villages

  • Greenwood Village Mewsdingley village VIC 3172
  • Lifestyle Estates Dingleydingley village VIC 3172

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